In this article RACE-IT The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the second quarter amid unprecedented demand for its high-priced sports and grand touring cars. The Italian supercar maker has
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In this article CELH PEP Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company. Shares of Celsius closed up 11% on the news, bringing its market value to $7.45 billion. Celsius is expecting to
In this article F 2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the Detroit automaker this year. Shares closed Monday at $15.34, up 4.4%. The gains added to the stock increasing by 31.9% in
In this article F 2023 Ford Maverick Tremor Source: Ford Ford Motor is adding a new off-road-ready package to its Maverick pickup in a bid to extend the sales success of its hot-selling small truck. The new Maverick Tremor package includes a beefed-up, higher-riding suspension and a new all-wheel-drive system system powered by Ford’s
Goal scorers Chloe Kelly and Ella Toone of England hold the trophy after the UEFA Women’s Euro England 2022 final match between England and Germany at Wembley Stadium on July 31, 2022 in London, United Kingdom. Chloe Kelly’s extra-time goal saw England beat Germany 2-1 and win Euro 2022 in sensational fashion at a packed-out
We’re turning the calendar from July to August which means the blockbuster season for movies is coming to a close. But on TV, things are just heating up. From the “Game of Thrones” prequel to the newest Marvel installment, there’s a lot of highly-anticipated content coming to streaming services this month. So to help you
In this article F Jim Farley, Ford CEO Ford Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a year in just four years. This week, the Detroit automaker gave investors
U.S. President Joe Biden speaks to the media as he arrives at Joint Base Andrews, Maryland, U.S. July 20, 2022. Jonathan Ernst | Reuters President Joe Biden on Saturday tested positive for Covid-19 once again after consecutive days of testing negative for the virus, his physician said. Biden, 79, is experiencing no new symptoms and
Masten Space Systems’ Xombie© lander completes a flight test at the Mojave Spaceport in 2019. NASA/Lauren Hughes Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a handful of people after layoffs and furloughs. The space company declared as its debts ballooned, tracing back to
In this article JBLU SAVE Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to
BEDMINSTER, N.J. — LIV Golf is just three tournaments in, but the Saudi-backed upstart league is already thinking big about its future. In an interview with CNBC, LIV Golf Investments President and COO Atul Khosla said the future of LIV Golf is teams and creating franchises that can one day be sold. The organization is
U.S. trucking CEOs expect to maintain pricing power even with volumes softening in the second half of 2022 as retailers, manufacturers and consumers adjust to disruptions from Covid lockdowns, the Russia-Ukraine war and inflation. A recent survey of customers by SAIA, a trucker for Starbucks, Home Depot and Lowe’s, found the majority of companies are
In this article PG Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble on Friday reported mixed quarterly results as the consumer products giant faced rising commodity costs and warned that it
In this article MCD BYND Advertising for the McPlant burger, a plant based vegetarian alternative to more traditional meat burgers by fast food giant McDonalds on 11th July 2022 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Shares of Beyond Meat fell 6% in morning trading after J.P. Morgan said McDonald’s
In this article SAVE JBLU JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal. Now it needs to win over antitrust
In this article ULCC JBLU SAVE A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images JetBlue Airways has reached a $3.8 billion deal to buy
In this article BBY Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen weaker demand for consumer electronics amid inflation. The consumer electronics retailer said it now
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spirit Airlines terminated its merger agreement with Frontier Airlines on Wednesday, months after rival suitor JetBlue Airways‘ all-cash bid threw the planned tie-up into disarray. Shareholders
A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Mortgage demand edged lower for the fourth straight week, according to data released Wednesday, even though interest rates have fallen from their recent highs. Total volume was down 1.8% last week from the
A Walmart Inc. logo is displayed on a sign that reads “Everyday Low Price” at a store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of retailers including Macy’s, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned